The customer is always right – which firms do clients rate most highly? Ben Wheway The data doesn’t lie – it’s been a good year for the Global 100. Eighty-eight of the world’s largest firms…
Footing the bill – as chargeout rates spiral, will clients put their foot down? Legal Business ‘The next revolution in the market will be clients waking up to the fact that chargeout rates go up so much…
Rising to the challenge – tough market rewards for firms with clearest focus Ben Wheway ‘Challenging market conditions’ – a quick search of the LB news archives finds that phrase, or some variation of it,…
Making an ESG lawyer – law firms search for the magic formula Ben Wheway ‘I don’t believe there is such a thing as an ESG lawyer’ – the words of one environmental, social and…
After the party – market slowdown pushes US leaders to take stock in London Ben Wheway The easy narrative is that the party is over. After years of rapid expansion by international law firms in London,…
No shoo-ins at the Legal Business Awards, and beware the perils of TL;DR Nathalie Tidman Awards season. It should be viewed as a time of joy and anticipation, when law firms clamour to showcase their…
Global 100: When the music stops – it’s time for the global elite to play a different record Nathalie Tidman It has long been a peccadillo of business publishers to measure financial performance in five-year increments and for this, our…
Silence is not golden as Legal Business 100 firms need a different tune Nathalie Tidman A glance at our Legal Business 100 table this year shows the post-Covid, frothy corporate market conditions have finally come…
Paul Weiss’ hire of Kirkland rock star is the shake-up we didn’t know we needed Nathalie Tidman ‘Paul Weiss hasn’t got enough partners in London for doubles ping pong!’ scoffed a senior source at the beginning of…
Cautionary tales: The downfall of Ince – a lesson in how not to run your law firm Nathalie Tidman ‘In the event of a recession, the lawyers will be fine. They always are. Unless you work at Ince.’ Reflecting…
Stopping the bleeding at Travers will require hard-won loyalty and a pay overhaul Nathalie Tidman Looking at the recent wave of departures from Travers Smith brings to mind fears expressed by peers when we last…
A bonanza year for the Global 100 – is the table about to turn? Nathalie Tidman It is a treacherous business, making market predictions for the year ahead. Too conservative and the pundit is guilty of…
Still vulgar to talk about money? Three decades have made the industry less coy Nathalie Tidman ‘I don’t think you will get any of the City firms to talk about this sort of thing… You have?…
A sneak preview of the LB100 – the lawyers are always fine, aren’t they? Nathalie Tidman ‘In the event of a recession, the lawyers will be fine. They always are. Unless you work at Ince.’ So…
The profession must not let yesterday’s ESG news turn into today’s chip paper Nathalie Tidman As we publish Legal Business’ second ESG report, the words years ago of a male partner at a Magic Circle…
Time for a reality check on salaries Nathalie Tidman That one of the chief concerns among law firm leaders in Legal Business’ annual Global London report is the retention…
Stronger together? Not really Mark McAteer When we first launched our Euro Elite report in 2016, much of the narrative was that the future of the…
Take a good long look in the mirror before espousing change seriously Mark McAteer The words of BT Legal’s Leeanne Whaley, in ‘Held to account’, particularly stand out in this issue: ‘We spend a…
We’ve listened: important new changes to The Legal 500 UK 2022 Georgina Stanley This month’s issue of Legal Business may be dedicated to the largest firms in the UK by revenue but sibling…
Why giving associates exposure to clients could be a win-win scenario Becky Pritchard Law firms spend big money making sure they have the best junior lawyers. A newly qualified lawyer at a Magic…